India's Ambitious Green Hydrogen Goals Attract Malaysian Clean Energy Firm
Key Ideas
- India aims to become a leading producer and supplier of Green Hydrogen, targeting a capacity of at least 5 MMT per annum by 2030 under the Green Hydrogen Mission.
- Gentari Sdn Bhd, a Malaysian clean energy firm, plans to contribute around 20% of India's green hydrogen production by producing up to 1 million tonnes by 2030.
- Hydrogen projects are being evaluated in Tamil Nadu and Karnataka, with current developments in Andhra Pradesh. Green hydrogen is seen as a key solution for emissions reduction in various sectors.
- Gentari is expanding rapidly in India's clean energy sector, focusing on renewable projects like solar, hydrogen, and electric mobility, with plans for organic growth and potential acquisitions.
India is making significant strides towards becoming a leading producer and supplier of Green Hydrogen by targeting a capacity of at least 5 MMT per annum by 2030 under the Green Hydrogen Mission. Gentari Sdn Bhd, a Malaysian clean energy firm and subsidiary of the Petronas Group, is eyeing a substantial presence in India's green hydrogen market. The company aims to contribute up to 1 million tonnes of green hydrogen, which would represent around 20% of India's production by 2030. Projects in Tamil Nadu, Karnataka, and Andhra Pradesh are being evaluated and developed to harness green hydrogen's potential in reducing emissions in sectors like steel, fertilizers, and mobility. Despite the current nascent stage of the green hydrogen market in India, the potential for growth is significant due to government policies and investments by industry stakeholders. Gentari's expansion plans in India's clean energy sector include a focus on renewable projects such as solar, hydrogen, and electric mobility. The company is open to organic growth and potential acquisitions to further enhance its presence in the market.
Topics
India
Renewable Energy
Clean Energy
Energy Security
Investment
Industry Growth
Renewable Projects
Emissions Reduction
Expansion Plans
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